e located in Shizuoka Prefecture, where Suzuki's main domestic plants are located. Three of them (the Ryuyo Seat Plant, the Sagara Seat Plant, and the Kosai Plant) produce seats and the Kasai Plant produces seat frames. To support Suzuki's overseas footprint, SNIC has concluded technical assistance contracts with KML (Krishna Maruti Ltd.) in India in 1993 and IMAG (now Raba Automotive Components Ltd.) in Hungary in 1998 for four-wheeler seats, an...

Market & Tech Reports  Updated at: 2025/09/27

the same month last year. With electric vehicle (EV) subsidies to be eliminated at the end of September, there was a rush demand for GM, Ford, and other vehicles. On the other hand, a cyber attack on CDK Global, a company that provides management systems for dealers, occurred in June 2024, causing contracts that were scheduled for that month to be delayed until July and August, which affected some manufacturers as the number of vehicles sold in ...

Market & Tech Reports  Updated at: 2025/09/26

y was one day more than the same month last year. The seasonally adjusted annual rate (SAAR) was 16.4 million units (15.8 million units in the same month last year), exceeding the previous year, but there was a drop in sales following a rush in demand before tariff hikes and last year saw delays in contracts due to a cyber attack on CDK Global LLC. Following agreements with various countries to lower automobile tariffs, companies had refrained fr...

Market & Tech Reports  Updated at: 2025/08/26

ight, durable, and seamlessly integrated rear wheel steering (RWS) system. The company's RWS is optimized to improve maneuverability, stability, safety, and performance, especially when steering heavy vehicles with long wheelbases, such as trucks, SUVs, and EVs. The company has been awarded two RWS contracts from major Chinese OEMs, with production expected to begin in 2026. Nexteer's new RWS allows the rear wheels to turn up to 12 degrees in con...

Market & Tech Reports  Updated at: 2025/08/21

assemblies, but also mechanisms, structures, seat foam, and other components, and thus plays a Tier-2 role to the Tier-1 suppliers of seat assemblies for the three major U.S. automakers, including Stellantis. Magna Seating's competitive strengths are its ability to respond to integrated production contracts for non-seat interiors and exteriors, and to benefit from the advanced research and development capabilities of its giant Magna Internationa...

Market & Tech Reports  Updated at: 2025/08/06

al vehicles can be increased through recuperation, particularly in mountainous areas. MAN simulated a journey over the Brenner Pass, in which a 40-ton electric truck can recuperate 140 kWh of the total 350 kWh power required.   The use of dynamic electricity prices, bidirectional charging and good contracts with electricity suppliers also help to reduce costs for hauliers compared to diesel vehicles.   In addition, the integration of energy sup...

Market & Tech Reports  Updated at: 2025/06/20

aving a self-energizing effect (high frictional force obtained by applying a normal drag force equal to or greater than the operating load), and high binding force. In addition, after the vehicle comes to a stop, the effectiveness of the parking brake becomes more stable as the brake drum cools and contracts. For this reason, many luxury cars have drum-in-disc brakes that incorporate a parking-only drum brake into the inner diameter of the rear w...

Market & Tech Reports  Updated at: 2025/05/29

n-house 〇 Star Assembly 〇 Vehicle manufacturer (excluding OEM-supply) (Source: MarkLines research)   The supply of transmissions is increasing due to a rebound in demand from BEVs to HEVs in Europe and the United States, and there are cases of OEMs signing production contracts with new manufacturers, but most are DCTs and there has been no increase in the number of AT players. Aisin and JATCO are major suppliers of...

Market & Tech Reports  Updated at: 2025/04/15

orts of each company.   Another recent trend is the stalled deployment of autonomous driving, especially in passenger cars at Level 3 and above.   In March 2021, Honda announced the world's first vehicle equipped with a Level 3 highway system, but it was limited to 100 units under corporate lease contracts and was never actually sold commercially. Since then, Honda has not released any additional models equipped with Level 3 technology, and no ...

Market & Tech Reports  Updated at: 2025/01/09

der the jurisdiction or direction of a foreign government that is a covered country" and lists China, Russia, Iran, and North Korea as covered countries.     According to multiple U.S. media reports on October 22, U.S. Energy Secretary Jennifer Granholm said the department is rushing to finalize contracts that will determine the disbursement of subsidies during President Biden's term of office, due to concerns that federal investment in EV pro...

Market & Tech Reports  Updated at: 2024/12/26

igh-value-added services that are provided as one-stop services, including emergency calls, call centers, mobile app owners portals, digital keys, maps/POI*, dealer management systems, EV charging networks, and smart speaker services, including the necessary approval procedures for each country and contracts with mobile phone line operators (carriers). (POI*: Point of Interest: a landmark or source of information indicating a specific location or...

Market & Tech Reports  Updated at: 2024/11/11

autonomous distributed cooperative control technology "Synergy Link" so that the power of each charger does not exceed the upper limit set. By curbing electric power peaks during times when the use of parking lots is concentrated, companies will not need to increase the size of their electric power contracts, and this will contribute to reducing the running costs associated with EV operation. If the on-board charger on the vehicle is compatible ...

Market & Tech Reports  Updated at: 2024/10/29

ld two SK joint venture plants and its own plant for lithium iron phosphate (LFP)-based production with CATL technology. In Europe, it will use the LG and Koç joint venture plant. In addition, the company will obtain global cell supply from CATL. In materials procurement, the company has long-term contracts with Lake Resources of Australia, Albemarle of the U.S., and five other companies for lithium, and with PT Vale Indonesia Tbk of Indonesia a...

Market & Tech Reports  Updated at: 2024/10/18

/en/news/308035 Chery partners with Geleximco Group to set up EV plant in Thai Binh, Vietnam (April 5, 2024)https://www.marklines.com/en/news/305945 BYD slows down EV factory plan in Vietnam, Gelex Group reveals (April 3, 2024)https://www.marklines.com/en/news/305818   Singapore EVe awards first 2 contracts to set up fast public EV charging points across Singapore (June 18, 2024)https://www.marklines.com/en/news/309907 Toyota renames TDEM (Thail...

Market & Tech Reports  Updated at: 2024/08/20

e located in Shizuoka Prefecture, where Suzuki's main domestic plants are located. Three of them (the Ryuyo Seat Plant, the Sagara Plant, and the Kosai Plant) produce seats and the Ryuyo Pipe Plant produces seat frames. To support Suzuki's overseas footprint, SNIC has concluded technical assistance contracts with KML (Krishna Maruti Ltd.) in India in 1993 and IMAG (now Raba Automotive Components Ltd.) in Hungary in 1998 for four-wheeler seats, an...

Market & Tech Reports  Updated at: 2024/08/01

r 10%.   It will also provide technology, production and business platforms to brands other than Renault, which will boost Ampere's performance. By 2025, sales to external partners (excluding Renault Group, Nissan and Mitsubishi Motors) are expected to reach 20% of Ampere sales (based on confirmed contracts only).   In addition, after-sales services, including connectivity and charging services, are expected to generate annual revenues of EUR 5...

Market & Tech Reports  Updated at: 2024/07/12

assemblies, but also mechanisms, structures, seat foam, and other components, and thus plays a Tier-2 role to the Tier-1 suppliers of seat assemblies for the three major U.S. automakers, including Stellantis. Magna Seating's competitive strengths are its ability to respond to integrated production contracts for non-seat interiors and exteriors, and to benefit from the advanced research and development capabilities of its giant Magna Internationa...

Market & Tech Reports  Updated at: 2024/07/04

hydrogen electric truck rear view   FORVIA Faurecia's display at ACT Expo 2024 showed two hydrogen storage solutions. One system was a Type IV tank for heavy-duty commercial vehicles made with a carbon fiber winding and polymer liner for high-pressure applications. In 2023, Faurecia was awarded contracts with two North American OEMs for the hydrogen storage system. Production for the two OEMs is expected to begin in 2025. Faurecia also displa...

Market & Tech Reports  Updated at: 2024/06/19

Ford: HVs for all models by 2030, postponing some EV launch plans Scaling back CATL and SK On JV battery plants; Lithium supply contracts with 4 companies Summary Expanding HV offerings, postponing the launch of some EVs Electric vehicle sales (U.S. in 2023): 73,000 EVs, 134,000 HVs Construction of battery plants with SK On and CATL; signed lithium supply contracts with four companies Ford Pro commercial vehicle business: Producing commercial van...

Market & Tech Reports  Updated at: 2024/05/29

a single, unified and secure API.   It distinguishes between the following three aggregation levels: Technical aggregation: aggregation of many different APIs into one single API Operational aggregation: aggregation of multiple merchants Contractual aggregation: aggregation of many different sub contracts   In addition, the platform consists of the following three pillars: Centralized user management platform: “single sign-on” Transacti...

Market & Tech Reports  Updated at: 2024/05/20